Monthly Comment from Professor P. Fraser Johnson
Director of the Ivey Purchasing Managers Index
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of July 2018 stood at 61.8. The corresponding figure for July 2017 was 60.0 and for July 2016 was 57.0.
The Employment index (seasonally adjusted) for July 2018 stood at 55.3; Inventories (seasonally adjusted) 56.2; Supplier Deliveries (seasonally adjusted) were 46.6; and Prices were 71.1.
The Ivey PMI unadjusted data for the month of July 2018 is 56.7; Employment 54.5; Inventories 53.3; Supplier Deliveries 44.6; and Prices 67.4.
The Ivey Purchasing Managers Index (seasonally adjusted) by the end of June 2018 stood at 63.1. The corresponding figure for June 2017 was 61.6 and for June 2016 was 51.7.
The Employment index (seasonally adjusted) for June 2018 stood at 59.3; Inventories (seasonally adjusted) 51.7; Supplier Deliveries (seasonally adjusted) were 47.0; and Prices were 74.3.
The Ivey Purchasing Managers Index shows responses to one question: "Were your purchases last month in dollars higher, the same, or lower than the previous month?”